SIRION has acquired Eigen Technologies, a market leader in document AI, to enhance its contract lifecycle management (CLM) capabilities. The acquisition boosts SIRION's position in the enterprise AI market, consolidating its tools for better document management and AI integration. This move has raised SIRION's valuation to around $1 billion. Eigen Technologies is trusted by top financial institutions, and this acquisition is seen as a strategic play to dominate the enterprise AI space. The acquisition was reported by TechCrunch and comes amid growing interest in generative AI.
